How major US stock indexes fared Friday, 3/1/2024

How major US stock indexes fared Friday, 3/1/2024

SeattlePI.com

Published

Wall Street added to its records as U.S. stocks closed out another winning week. The S&P 500 rose 0.8% Friday. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite rose 1.1%. More leaps for Dell and other companies on excitement around artificial-intelligence technology helped drive the market. Dell soared more than 31%. New York Community Bancorp lost a quarter of its value after warning investors that it found serious weaknesses in how it reviews loans. Treasury yields eased following weaker-than-expected reports on U.S. manufacturing and consumer sentiment. The yield on the 10-year Treasury note fell to 4.18%.

Full Article